NORTH CAROLINA BIOTECHNOLOGY CENTER
PO BOX 13547, RESEARCH TRIANGLE PARK, NC 27709 www.ncbiotech.org

Total Revenue
$15,039,030
Total Expenses
$17,289,381
Net Assets
$33,843,235

Organizations Filed Purposes: THE NORTH CAROLINA BIOTECHNOLOGY CENTER AIDS THE BIOTECHNOLOGY-RELATED EFFORTS OF RESEARCHERS, BUSINESSES, STATE AND FEDERAL GOVERNMENTS, AND OTHER AGENCIES PRIMARILY THROUGH AWARDS OF GRANTS AND LOANS RELATED TO SPECIFIC PROGRAMS AND OTHER SERVICES TO GROW [OR ADVANCE] THE INDUSTRY IN NORTH CAROLINA.

TO PROVIDE LONG-TERM ECONOMIC AND SOCIETAL BENEFITS TO NORTH CAROLINA THROUGH SUPPORT OF BIOTECHNOLOGY RESEARCH, BUSINESS, EDUCATION AND STRATEGIC POLICY STATEWIDE.

THE SCIENCE AND TECHNOLOGY DEVELOPMENT PROGRAM IS A FUNDAMENTAL PROGRAM OF THE NORTH CAROLINA BIOTECHNOLOGY CENTER. THE GOAL OF THIS PROGRAM IS TO STRENGTHEN THE STATE'S INFRASTRUCTURE FOR LIFE SCIENCE RESEARCH WHICH IS AN ESSENTIAL PREREQUISITE FOR SCIENTIFIC ADVANCES LEADING TO NEW PRODUCTS AND APPLICATIONS. TO MEET THIS GOAL, THE PROGRAM PROVIDES SERVICES AND SUPPORT TO STATE UNIVERSITIES, COLLEGES, AND NONPROFIT INSTITUTIONS THAT CONTRIBUTE TO LIFE SCIENCE DEVELOPMENT THROUGH RESEARCH, TEACHING, AND PUBLIC SERVICE. SUPPORT IS PRIMARILY PROVIDED IN THE FORM OF GRANTS. SINCE 1984, THE PROGRAM HAS PROVIDED OVER $121 MILLION TO ENHANCE THE RESEARCH AND INTELLECTUAL CAPABILITIES OF THE STATE'S ACADEMIC AND NONPROFIT RESEARCH INSTITUTIONS.

THE EMERGING COMPANIES DEVELOPMENT PROGRAM IS THE SECOND LARGEST PROGRAM OF THE NORTH CAROLINA BIOTECHNOLOGY CENTER. THE GOAL OF THIS PROGRAM IS TO STRENGTHEN AND SUPPORT NORTH CAROLINA LIFE SCIENCE COMPANIES WITH FUNDING; TECHNOLOGY ASSESSMENT; STRATEGIC PARTNERSHIPS; BUSINESS PLAN ADVICE; NETWORKING AND CAREER TRANSITION SUPPORT; INFORMATION ON VENTURE CAPITAL AND AVAILABLE LABORATORY SPACE; AND PROFESSIONAL REFERRALS. THE LOAN PROGRAM IN PARTICULAR PROVIDES LOANS TO EARLY STAGE COMPANIES. THESE LOANS ARE DESIGNED TO SUPPORT LIFE SCIENCE COMPANY INCEPTION, RESEARCH, AND GROWTH.

THE AGRICULTURAL SECTOR DEVELOPMENT PROGRAM IS A PROGRAM OF THE NORTH CAROLINA BIOTECHNOLOGY CENTER FOCUSED ON THE LARGEST INDUSTRY SECTOR IN THE STATE - AGRICULTURE. THE CORE FOCUS OF THE PROGRAM IS TO SUPPORT THE LARGEST GLOBAL ECONOMIC CLUSTER OF AGRICULTURE BIOTECHNOLOGY IN ITS CONTINUED GROWTH AND CONTRIBUTION. THE AGRICULTURE BIOTECHNOLOGY PROGRAM FOSTERS A DYNAMIC AGRICULTURE COMMUNITY, IMPROVES TECHNOLOGY AND VALUE, AND ATTRACTS AND SUSTAINS JOBS IN AGRICULTURE TO THE STATE. SINCE 2010, MORE THAN 124 COMPANIES SUPPORTING AT LEAST 8,900 JOBS HAVE BEEN IDENTIFIED AND ENGAGED BY THE PROGRAM.

Executives Listed on Filing

Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing

NameTitleHours Per WeekTotal Salary
Doug EdgetonPRESIDENT & CEO40$292,740
William BullockSR VP, STATEWIDE OPERATIONS & ECONOMIC DEVELOPMENT40$167,411
Mary Beth ThomasSR VP, SCIENCE AND BUSINESS DEVELOPMENT40$148,343
Scott JohnsonVP, AGRICULTURE SECTOR DEVELOPMENT40$144,221
Mark PhillipsVP, STATEWIDE OPERATIONS40$130,999
Ken TindallSVP40$129,696
Robert LindbergVP, SCIENCE & TECHNOLOGY DEVELOPMENT40$127,518
Mark StohlmanVP, FINANCE40$90,416
Benjamin YerxaDIRECTOR1$0
Brad WilsonDIRECTOR1$0
Bhaskar VenepalliDIRECTOR1$0
Kimberly Van NoortDIRECTOR1$0
Michael TurnerDIRECTOR1$0
Steve TroxlerDIRECTOR1$0
Jose SartarelliDIRECTOR1$0
Sergi RouraDIRECTOR1$0
Joshua PriceDIRECTOR2$0
Arthur PappasDIRECTOR1$0
Adam MonroeDIRECTOR1$0
Merrill MasonDIRECTOR1$0
Terry MagnusonDIRECTOR1$0
Steve LommelDIRECTOR1$0
Karen LevertDIRECTOR2$0
Mary KlotmanDIRECTOR1$0
Moise KhayrallahDIRECTOR1$0
Dan JaniesDIRECTOR1$0
Undi HofflerDIRECTOR1$0
Willian Hawkins IiiDIRECTOR1$0
Peter HansDIRECTOR1$0
Frank GraingerDIRECTOR1$0
Jay GoldenDIRECTOR1$0
Neal FowlerDIRECTOR1$0
Joy Parr DrachDIRECTOR1$0
James DatinDIRECTOR2$0
Santo CostaDIRECTOR1$0
Tony CopelandDIRECTOR1$0
Lawrence CarinDIRECTOR1$0
George BriggsDIRECTOR2$0
Michelle BerreyDIRECTOR1$0
John Atkins IiiDIRECTOR1$0
John Anthony AtalaDIRECTOR1$0
Peyton AndersonDIRECTOR2$0
Rebecca AlexanderDIRECTOR1$0
Meredith FrigaTREASURER3$0
Richard DeanVICE CHAIRMAN3$0
John RabbyCHAIRMAN3$0

Data for this page was sourced from XML published by IRS (public 990 form dataset) from: https://s3.amazonaws.com/irs-form-990/202041909349302114_public.xml